IndustrialBUSINESS 2LeaseholdDistrict 22 · Pioneer

1 Gul Drive

Reviewed by Nathan TangUpdated 8 November 2026Data through Jul 2018
Quick Summary

1 Gul Drive is a industrial building in District 22 · Pioneer, on land zoned BUSINESS 2 under the URA Master Plan with a gross plot ratio of 1.4. It is leasehold with roughly 8 years remaining. 4 transactions are on record since 1995, most recently in Jul 2018. ACRA records 0 live company registrations at this address.

1

What are the key facts about 1 Gul Drive?

Key takeaway1 Gul Drive is a industrial building in District 22 · Pioneer, zoned BUSINESS 2, held leasehold.
Asset class
Industrial
Land-use zone
BUSINESS 2
Gross plot ratio
1.4
Tenure
Leasehold
District / Area
District 22 · Pioneer
Address
1 Gul Drive
Land area
—
Completed
Not on record
Storeys
Not on record
Estate (JTC)
Jurong Industrial Estate
Listed as
Factory / Workshop (B2)
Transactions on record
4 (records start 1995)
Live listings
None
ACRA registrations
0
2

About 1 Gul Drive

1 Gul Drive is an industrial property in Pioneer (District 22). It is located along Gul Drive, Singapore 629454.

Under the URA Master Plan the site is zoned Business 2 with a gross plot ratio of 1.4. Business 2 zoning covers general industry with a nuisance buffer of 100 m, including heavier trades.

The site is leasehold, with about 8 years left to run. A tail that short materially narrows the pool of banks willing to finance a purchase.

4 transactions have been recorded here, at a median of S$90 psf. The most recent was in July 2018.

Across JTC's rental returns for Gul Drive, the median rent for industrial space on this street works out to about S$0.34 psf per month over 7 observations. Observed medians on the street span S$0.17 to S$1.46 psf per month. These are street-level figures from undated JTC snapshots, not a rent quoted for this property.

2 industrial projects are still uncompleted on this street, adding about 13,040 sqm of gross floor area, the earliest due around 2027.

The nearest port or airport land is about 4.1 km away. The closest business-park zone is about 3.7 km away. The closest bus stop (Sing Huat Hardware) is 147 m away (about a 2-minute walk).

3

What is 1 Gul Drive zoned as?

Key takeaway1 Gul Drive sits on land zoned BUSINESS 2 with a gross plot ratio of 1.4.
Land-use zone
BUSINESS 2
Gross plot ratio
1.4

Run the full zoning report for this building →

4

What has 1 Gul Drive sold for?

Key takeaway4 transactions are on record since 1995, most recently in Jul 2018 — too few to support a median, so the deals themselves are listed instead.
DateUsePriceAreaPSF
Jul 2018Single-user FactoryS$5.15M52,481 sqft$98
Jul 2015Single-user FactoryS$6.20M52,481 sqft$118
Jan 2012Single-user FactoryS$4.25M52,481 sqft$81
May 2005Single-user FactoryS$1.38M52,481 sqft$26

URA/JTC records from 1995 — that is where the record starts, not when the building was built. Strata and land deals can mix in one building's history; compare like with like. sqm ↔ sq ft converter

5

Market context around 1 Gul Drive

Key takeawayBrokers' industrial figures for Singapore as a whole — a broker's market figure, not this building's rent.
CBRE, 2Q 2026 (island-wide)
  • Factory (ground floor): Rent S$1.81 psf/mth
  • Factory (upper floor): Rent S$1.41 psf/mth
  • Prime logistics: Rent S$1.87 psf/mth · Capital value S$245 psf · Net yield 6.5%
  • Warehouse (ground floor): Rent S$1.91 psf/mth
  • Warehouse (upper floor): Rent S$1.39 psf/mth
Singapore Figures Q2 2026
Cushman & Wakefield, 2Q 2026 (island-wide)
  • Factory - Ground Floor: Rent S$1.79 psf/mth
  • Factory - Upper Floor: Rent S$1.57 psf/mth
  • High-Tech: Rent S$3.56 psf/mth
  • Prime Logistics - Ground Floor: Rent S$1.92 psf/mth
  • Prime Logistics - Upper Floor: Rent S$1.74 psf/mth
  • Warehouse - Ground Floor: Rent S$1.81 psf/mth
  • Warehouse - Upper Floor: Rent S$1.49 psf/mth
Singapore Industrial MarketBeat Q2 2026

Official series (JTC, 2026Q3): Multiple-User Factory occupancy (island-wide) 90.3% (-0.7 pp on the year) · Single-User Factory occupancy (island-wide) 89.1% (0 pp on the year) · Warehouse occupancy (island-wide) 89.7% (+0.1 pp on the year).

Brokers draw submarkets and grades differently; each figure is the broker's own, for its own area, cited to its report. Rents are per square foot per month.

6

How fast units move at 1 Gul Drive

Key takeawayBased on listings we track, as of our last check on 28 Aug 2026: 0 units for rent.

Rent: between 6 Aug 2026 and 28 Aug 2026, 0 new listings appeared and 1 came off (sold, let or withdrawn). Days on market: not enough history yet — we began tracking on 6 Aug 2026.

One count per unit, however many agents list it. Asking prices are not tracked over time, so price cuts are not shown.

7

What's been approved at 1 Gul Drive?

Key takeawayURA's planning decisions at 1 Gul Drive since 2000 are below. This is the building's planning history, not today's approved use of any unit: confirm a unit's approved use with URA before signing.
  1. 19 Oct 2021Approved
    Additions & alterations

    Proposed amendment to the approved additions & alterations works and change of use from factory to warehouse at ext'g part 1/part 2 single-user industrial building on mk 07 lot 259m at 1 gul drive singapore 629454

  2. 15 Jan 2021Approved
    Additions & alterations

    Proposed additions & alterations works and change of use from factory to warehouse at ext'g part 1/part 2 single-user industrial building on mk 07 lot 259m at 1 gul drive singapore 629454

  3. 28 Oct 2000Approved
    Additions & alterations

    Proposed amendment to the approved additions and alterations to the existing part 1/part 2-storey single-user factory

  4. 10 Apr 2000Approved
    Additions & alterations

    Proposed additions & alterations to the existing part 1/part 2-storey single user factory

Source: URA planning decisions (URA Data Service), matched to this building by address or land lot. A past approval can lapse (a temporary permission) and belongs to the unit it names. The authoritative approved use of a unit comes from URA's Enquiry on Approved Use of Premises (S$54.50 per unit).

8

What is near 1 Gul Drive?

Amenities nearby

Sing Huat Hardware · 147 mDrs Koo, Fok & Associates Pte Ltd · 1.1 km

Straight-line distances. Source: PropKaki amenities data.

9

Getting there and parking at 1 Gul Drive

Key takeawayThere is no MRT or LRT station within 1 km; the nearest is Joo Koon, 1.2 km away. No public car park we hold is within 500 m; the nearest is Gul Ave (URA), 679 m away; the nearest URA season parking is Joo Koon Area, 864 m away (S$90/month).
Foot traffic: busier than 25% of industrial buildings

no MRT/LRT within 1 km (nearest Joo Koon, 1.2 km); bus stops within 400 m: 4, about 789 taps a weekday; Pioneer: 36,801 resident workers (Census 2020, by workplace); about 0 residents within 1 km (June 2026). Ranked against 8,225 industrial buildings by PropKaki's model: a relative score, not a footfall count.

A relative score from PropKaki's model (station and bus taps nearby, workers and residents around), not a count of people.

Bus

4 bus stops within 400 m, with 789 boardings and alightings on an average weekday.

10

How many companies are registered at 1 Gul Drive?

Key takeawayACRA records 0 live company registrations at this address.
Live registrations
0
Registered last 3 years
0

Company REGISTRATIONS at this address (ACRA), not a tenancy schedule. Registration does not mean the company physically occupies space here, and a low count does not mean the building is empty. Do not describe this as occupancy or vacancy.

11

What does industrial space rent for on this street?

Key takeawayJTC's street-level record shows a median of S$3.71 psm/month — an all-time median from 2000 onwards, not a current rent.
Street rent, median
S$3.71 psm/mo
Observed range
S$1.82 – S$15.71
Pipeline on this street
2 projects · earliest TOP 2027

JTC street medians span 2000 to today and are an all-time level, not today's asking rent; the forward pipeline is a forecast, not committed completions.

12

Frequently asked questions about 1 Gul Drive

Where is 1 Gul Drive?⌄

1 Gul Drive is at 1 Gul Drive, Singapore 629454, in the Pioneer planning area.

What is 1 Gul Drive zoned as?⌄

1 Gul Drive is zoned Business 2 under the URA Master Plan, with a gross plot ratio of 1.4. Business 2 zoning covers general industry with a nuisance buffer of 100 m, including heavier trades.

What kind of business can operate at 1 Gul Drive?⌄

Business 2 zoning covers general industry with a nuisance buffer of 100 m, including heavier trades. The specific trade still has to be approved, so check the permissible-use list for your activity.

What is the tenure of 1 Gul Drive?⌄

1 Gul Drive is leasehold. About 8 years remain on the lease. Financing gets harder below roughly 30 years, so factor that into any purchase.

What have units at 1 Gul Drive sold for?⌄

Across 4 recorded transactions, the median is S$90 psf. The latest was in July 2018.

What does industrial space near 1 Gul Drive rent for?⌄

JTC's rental returns for Gul Drive put the median at about S$0.34 psf per month. That is a street-level figure from undated snapshots covering all industrial space on Gul Drive, not a rent quoted for 1 Gul Drive itself.

For agents · in the PropKaki app

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